Global Small UAV Market poised to grow at a CAGR around 7% over the period of 2016 – 2021

Pune, India, October 06, 2016 / MRFR Press Release/- Market research future published a cooked research report on Global Small UAV Market.

The Global Small UAV Market is expected to grow at a CAGR of around 7% from 2016 to 2021. The growing demand of UAVs in civil and commercial application, increased procurement of military UVAs globally are the major drivers of the market. Technological innovation, economical acquisition and operation have led to the rapid growth of commercial small UAVs market.

Americas is the leading player in small UAV market with around 40% of market share as of 2015, followed by EMEA and Asia Pacific with around 32% and 28% market share respectively. Emerging markets in APAC, South America, and Middle East have prioritized the increased utilization of UAVs, mainly for military applications, which has propelled the market growth.

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Americas to dominate the Global Small UAV Market during the forecast period

The Americas market was valued at $XX million in 2015 and is expected to reach $XX million by 2020, growing at a CAGR of around 7%. The US is the largest operator of UAVs globally. The United States remains the dominant player in the market due to its continuous effort to bring best in class technology and R&D on wide range of UAV programs. The major UAV manufacturers in the US are Lockheed Martin, General Atomics, Northrop Grumman, and AeroVironment.

Access the market data and information presented through over 60 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Small UAV Market Information- Forecast from 2016 to 2021"

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This report includes a study of strategies of major market players in the Global Small UAV Market. The key leading players are AeroVironment, Elbit Systems, Israel Aerospace Industries Ltd., SAAB, and Thales, Lockheed Martin, Aeronautics Limited, and Northrop Grumman.

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Small UAV Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.